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EOG Resources (EOG +7.7%) is upgraded to Buy from Hold with a $150 price target at Stifel...

EOG Resources (EOG +7.7%) is upgraded to Buy from Hold with a $150 price target at Stifel Nicolaus following a strong Q1 report. The firm believes the drivers behind the Q1 beat will result in 2013 production growth coming in at the high end of EOG's unchanged production guidance range, improved 2014 outlooks, and approaching neutral free cash flow sooner than previously expected.
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